Business news – Page 202
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Keynote speakers for Breakbulk Europe announced
May 9 - Keynote speakers for this month's Breakbulk Europe Transportation Conference and Exhibition have been announced.
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5K Logistics completes furnace project
May 7 - 5K Logistics was brought in to provide heavy machinery transport for a new convection furnace which was to be installed at the Westlake Chemical Corporation styrene plant in Sulphur, Louisiana, USA.
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Panalpina attributes Q1 loss to anti-trust fines
May 7 - Panalpina has reported a loss in the first quarter 2012 as it set aside provisions for EU and Swiss anti-trust fines, but remains confident of meeting full-year targets, according to an official statement from the company.
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Shipping agreement signed between EU and USA
May 7 - Officials from the EU and the U.S.A have signed an agreement to mutually recognize each other's certified trusted traders (known shippers), a decision that will go into effect on July 1.
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German ports see potential in Russia
May 4 - Bremenports and the Seaports of Niedersachsen say that Russia remains an attractive growth market.
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Wallenius Wilhelmsen Logistics strengthens service to Australia
May 4 - This weekend (Sunday) will see Wallenius Wilhelmsen Logistics (WWL)'s service from Europe to Australia via North America make its inaugural call in Adelaide, Australia.
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Sarilar buys Terex crane
May 4 - Turkish heavy lift and transport company Sarilar has ordered a 1,600 tonne Terex CC 8800-1 crawler crane from Terex Cranes distributor Das Otomotiv.
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Samskip acquires two containerships
May 1 - Samskip, which offers services for breakbulk and project cargo on deck or on flat racks, within Europe as well as in Russia and Central Asia, has acquired two containerships, Arnarfell and Helgafell, both of which have been employed by the company
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Dockwise ups ownership in Fairstar to 28 percent
May 1 - Further to our report from April 27, according to reports online, Dockwise Ltd - through its subsidiary Dockwise White Marlin - last week completed the acquisition of 19 percent of the shares in Fairstar Heavy Transport nv and has now waived the s
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Strategic progress in Q1 for Dockwise
April 27 - A Chinese-built 50,000 dwt semi-submersible self-propelled Type 2 heavy life vessel, 'Hai Yang Hi You 278', has been contracted to Tianjin, China-based Offshore Oil Engineering Co, Ltd. (COOEC) by ship management company Dockwise for a five-yea
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Fairstar postpones AGM as acrimony over Dockwise bid grows
April 27 - The developing business storm between Fairstar Heavy Transport and Dockwise has continued with the suspension of Fairstar's AGM amid accusations that Dockwise's moves do not conform with rules governing takeovers of publicly listed companies in
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Steel and project cargo weakens at Antwerp in first quarter
April 26 - The port of Antwerp handled 46.3 million tonnes of freight in the first three months of this year, down 2.2 percent on the same period in 2011. Breakbulk and project cargo saw 2.5 million tonnes handled, down 13.6 percent over the same period i
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NSCSA now Bahri
April 24 - The National Shipping Company of Saudi Arabia (NSCSA) has responded to what it calls a 'tumultuous' marketplace by reinventing itself as Bahri.
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Port of Duqm handles first project cargo
April 24 - Marking a new chapter in Oman's expanding maritime sector, the Port of Duqm has handled its first project cargo at its Commercial Quay.
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Jumbo trumpets order for second heavy lift ship
April 23 - Jumbo Shipping has ordered a second K-class vessel, with an option on a third, to complement its existing fleet, and will upgrade the lifting capacity of the vessels from 1,300 to 1,500 tonnes, enabling tandem lifts of 3,000 tonnes.
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Fairstar rejects Dockwise take over bid
April 23 - Fairstar Heavy Transport has received an unsolicited, conditional, offer from Dockwise to acquire Fairstar shares at a purchase price of NOK9.3 (USD1.6) per share.
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Moore Stephens says shipping is ill prepared for bank meetings
April 20 - International accountancy firm and shipping adviser Moore Stephens has warned that some shipping companies are not adequately prepared to conduct successful negotiations with their banks which are likely to occur with increasing frequency.
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RollDock looks to European yard as Indian dispute rumbles on
April 19 - When RollDock signed the first of its newbuilding contracts with Larsen & Toubro in 2006, it seemed a perfect match, writes HLPFI correspondent, John Mclaughlin.
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Willis Marine forecasts another difficult year
April 19 - After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the euro zone, pirate attacks and increased sanctions," accordi
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TT Club underwriting performance holds fast despite challenges
April 17 - The TT Club, a leading provider of insurance and related risk management services for the international transport and logistics industry, has announced an 8.5 percent growth in premium income, resulting from new business, increase in volumes an